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Non-Tech : j.c.penney
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To: Mark Adams who wrote (86)2/16/2001 5:18:16 PM
From: Yogizuna  Read Replies (1) of 111
 
Not too bad at all! JCP is threatening to break below rising trend-line support here, so I may sell all my shares on Tuesday if they do not gap down too much..... The way the economy is going does not give me much confidence. The weekly chart is overbought on JCP, but the monthly chart is still oversold, so I would like to buy more at the 11 to 12 level if the shares correct to that level and get oversold again.
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